Stran & Company, Inc. (NASDAQ:SWAG) Sees Significant Decline in Short Interest

Stran & Company, Inc. (NASDAQ:SWAGGet Free Report) was the recipient of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 20,200 shares, a drop of 19.5% from the November 15th total of 25,100 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 22,600 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On Stran & Company, Inc.

An institutional investor recently bought a new position in Stran & Company, Inc. stock. Wilmington Savings Fund Society FSB purchased a new position in Stran & Company, Inc. (NASDAQ:SWAGFree Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 42,412 shares of the company’s stock, valued at approximately $52,000. Wilmington Savings Fund Society FSB owned approximately 0.23% of Stran & Company, Inc. at the end of the most recent quarter. Institutional investors own 56.42% of the company’s stock.

Stran & Company, Inc. Stock Performance

Shares of SWAG stock traded up $0.02 on Friday, reaching $0.97. 35,624 shares of the company were exchanged, compared to its average volume of 22,878. Stran & Company, Inc. has a 1 year low of $0.80 and a 1 year high of $1.74. The business has a 50-day moving average price of $1.10 and a 200 day moving average price of $1.15. The company has a market cap of $18.05 million, a price-to-earnings ratio of -48.50 and a beta of 2.12.

About Stran & Company, Inc.

(Get Free Report)

Stran & Company, Inc provides outsourced marketing solutions. The company offers clients custom sourcing services; and e-commerce solutions for promoting branded merchandise and other promotional products, managing promotional loyalty and incentives, print collateral and event assets, order and inventory management, designing and hosting online retail popup shops, fixed public retail online stores, and online business-to-business service offerings.

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